MANY CASES OF EXEMPTION FROM SEVERANCE TAX
On October 02, 2015, the Ministry of Finance issued the Circular No. 152/2015/TT-BTC guiding the severance tax, and the taxable items are metallic minerals; non-metallic minerals; products of natural forests; natural aquatic organisms, including marine animals and plants; natural water; natural bird’s nests other than those collected from construction...
Management of external communication activities of central-affiliated cities and provinces
On October 19, 2016, the Ministry of Information and Communications issued the Circular No. 22/2016/TT-BTTTT providing for the management of external communication activities of central-affiliated cities and provinces, including providing information for promotion of the province/city’s image and provision of explanatory or clarifying information.
The information concerning the promotion of...
The Law on Real Estate Business 2006
The Law on Real Estate Business 2006 provides for real estate business activities; rights and obligations of organizations and individuals conducting real estate business activities and real estate transactions related to real estate business. [...]
Time limit for price registration of each item shall not exceed 6 months
On November 14, 2013, the Government issued Decree No. 177/2013/ND-CP on detailing and guiding the implementation of a number of the Law on Price, regulating that during the time the State applies the measures of price registration for price stabilization for specific items under stabilization [...]
Temporarily import for re-export frozen foods must pay a deposit of VND 10 billion
This is the content prescribed at the Decree No. 77/2016/ND-CP dated July 01, 2016 on amending and supplementing a number of provisions on investment and business conditions in the fields of international goods trading, chemicals, industrial explosives, fertilizers, gas trading, and food trading under the state management of the...
TO ALLOW PILOT INTERNATIONAL SOCCER BETTING IN VIETNAM
Takes effect on March 31, 2017, the Decree No. 06/2017/ND-CP dated January 24, 2017 of the Government on business of betting on horse racing, greyhound racing and international soccer, The Government allows 01 enterprise to pilot the business of betting on international soccer. The duration of pilot international soccer...
The charge for acquisition of citizenship is USD 250 per person
The Ministry of Finance issued the Circular No. 264/2016/TT-BTC dated November 14, 2016 on providing for diplomatic service fees and charges collected by overseas representative missions of Vietnam, and the collection, transfer and management thereof.
Accordingly, the charges of acquisition of citizenships is USD 250/person; of resumption of citizenship is...
Guidance on remunerations for managerial personnel in deposit insurance of Vietnam
On October 25, 2016, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 32/2016/TT-BLDTBXH guiding the management of employees and remunerations in deposit insurance of Vietnam. O
Within that, the adjustment and promotion of managerial personnel’s pay grade upon the re-ranking of Deposit Insurance of Vietnam...
To ban some HS codes of asbestos
On September 09, 2016, the Ministry of Construction issued the Circular No. 25/2016/TT-BXD promulgating the list and HS codes of asbestos in amphibole group banned from import.
In accordance with the Circular, The list and HS codes of asbestos in amphibole group banned from import includes Crocidolite:
Crocidolite (blue asbestos): fibrous,...
To fine to vnd 100 million if non-public offering of stocks failing to apply for securities
This is one of the important contents prescribed at the Decree No. 145/2016/ND-CP dated November 01, 2016 of the Government on amending the Government’s Decree No. 108/2013/ND-CP dated September 23, 2013 on penalties for administrative violations against regulations on securities and securities market.
In particular, from December 15, 2016, any...
